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Retail news

South Africa's MAS acquires German Flensburg mall for €62.6m

South Africa's MAS Real Estate has acquired Flensburg Galerie, a 25,540 sqm shopping centre in the northern German city of Flensburg, paying €62.55m to seller Commerzbank. In (...)

BNP Paribas REIM sells €125m Cube French retail portfolio

BNP Paribas REIM, the investment manager of the Paris-based global property adviser, has sold the CUBE portfolio of more than 113,000 sqm of French (...)

Corestate closes High Street VII German retail club at €212m invested

For total investment of €212m, Germany-focused Corestate Capital has now closed the High Street VII club deal - 24 retail assets offering 100,000 sqm (...)

Hamburg's Warburg-HIH buys 15,846 sqm historic warehouse for redevelopment

Hamburg manager Warburg-HIH Invest Real Estate has acquired Güterhallen, a listed historic warehouse complex of 15,846 sqm in the city for development. No financial (...)

Hamburg's redos acquires German Olymp retail park portfolio

Hamburg fund manager Redos has acquired the Olymp portfolio of 11 retail parks and hybrid centres in Germany for a special fund set up with Union Investment. (...)

Swedish 9mth real estate investment, boosted by residential, rises 9%

Sweden's real estate investment rose by 9%yy in the first nine months of 2018 to SEK110bn (€10.6bn), with residential making up the largest share (...)